Nuvama Wealth Management Limited — Credit Ratings, 29-07-2026: Credit Rating

Acuite Ratings & Research has upgraded the long-term rating for Nuvama Wealth and Investment Limited's Non-Convertible Debentures. The rating moved from 'ACUITE AA-/Stable' to 'ACUITE AA/Stable', maintaining a Stable outlook. This upgrade indicates enhanced credit quality for the wholly-owned subsidiary, a positive development for its debt instruments.